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The Fed Cuts, You Gain: An 8.4% Dividend That Grows As Rates Fall

| August 21, 2019 | 0 Comments
The Fed Cuts, You Gain: An 8.4% Dividend That Grows As Rates Fall

The PGIM High Yield Bond Fund (ISD) trades at a huge discount that’s going to disappear soon. Before I explain why, let me tell you something else about this fund: it boasts a huge 8.4% dividend yield. In other words, you’d get $700 per month—or $8,400 a year—in income on every $100,000 invested. And you should consider […]

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